Mar. 13 at 4:21 PM
$GLBS earnings ah what are your thoughts?
VLCC tanker rates today
As of mid-March 2026, VLCC tanker rates are experiencing extreme volatility and record-high levels, driven by severe market disruption and war risk insurance hikes, with
some fixtures reaching over
$400,000 per day. Rates from the Middle East Gulf to Asia recently peaked, while Atlantic rates have seen a slight downward correction.
Key VLCC Rate Data (March 2026):
Middle East Gulf (MEG) to Asia: Rates were quoted around
$468,400 per day in early March, down slightly (3-5%) within a 24-hour period but still at historically high levels.
Market Volatility: Rates have been on a "rollercoaster," with some reports suggesting rates even briefly surged above
$500,000 per day, notes Splash247.
